Target Price Playground
KLAC
$261.19
๐ก
KLAC IV: 68.1% โ NORMAL
(-7.7% vs 30d avg of 73.8%)
IV is near its 30-day average โ no strong edge either way.
Forward Projection
If price hits $300 by Aug 21
Historical Backtest
Coming soon
Signal Backtest
Coming soon
๐ Strategy
Long Stock
Long Call
Long Put
Bull Call Spread
Bear Put Spread
Covered Call
Protective Put
Cash-Secured Put
Diagonal Put Spread
Long Straddle
Bet on big move in either direction. Two premiums paid.
๐ฏ Target
64d from today
โ๏ธ Legs
LONG CALL ยท $260 ยท Aug '26
Qty 1 ยท Premium $32.8 ยท ฮ 0.56
LONG PUT ยท $260 ยท Aug '26
Qty 1 ยท Premium $32.4 ยท ฮ -0.44
P&L at Expiry
Stock (100 sh)
Long Straddle
Now
Target
๐ก Stock vs Options at Target
If KLAC hits $300 by Aug 21: the long straddle returns $-2,520 (-38.7%) on $6,520 risked, vs +$3,881 (14.9%) for 100 shares on $26,119. Options give 2.6ร capital efficiency.
๐ Expiry
Options expire Aug 21, 2026 (64 days out). P&L shown is the value at expiry if KLAC is at $300. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if KLAC hits $300 by Aug 21
$-2,520
-38.7% on $6,520 risked
Max Profit
Unlimited
Unlimited on a big move
Max Loss
โ$6,520
Both premiums paid
Break-even
$325.20
+24.51% from spot
Prob. of Target Hit
63%
IV-implied, 64d (rough)
Net ฮ / ฮ / V
11.78 / -51.13 / 84.64
per spread, per $1 move / day / vol pt
๐ Notes for each mode (not shown on real page)
Forward Projection
Reprices legs at (target_price, target_date) via Black-Scholes. Works on existing BS service. Simplest mode โ ship first.
Reprices legs at (target_price, target_date) via Black-Scholes. Works on existing BS service. Simplest mode โ ship first.
Historical Backtest
Uses our historical options chains to replay this exact strategy over past expirations. Needs: date picker, "rolling every N days", cumulative P&L chart.
Uses our historical options chains to replay this exact strategy over past expirations. Needs: date picker, "rolling every N days", cumulative P&L chart.
Signal Backtest
"Run this strategy on every BUY-rated stock with score โฅ 80 for last 90d." Reuses score_backtest pipeline + strategy overlay.
"Run this strategy on every BUY-rated stock with score โฅ 80 for last 90d." Reuses score_backtest pipeline + strategy overlay.
Solve for Return
Inverse: user says "+50% in 90d", system solves for required price move, shows IV-implied probability. Pure math.
Inverse: user says "+50% in 90d", system solves for required price move, shows IV-implied probability. Pure math.
๐ P&L Scenarios โ what happens at different prices and dates
| KLAC Price | Today | Jul 9 | Jul 30 | Aug 21 (exp) |
|---|---|---|---|---|
| $209 (-20%) | +$527 | -$211 | -$988 | -$1,415 |
| $222 (-15%) | +$102 | -$787 | -$1,824 | -$2,721 |
| $235 (-10%) | -$137 | -$1,149 | -$2,411 | -$4,027 |
| $248 (-5%) | -$194 | -$1,293 | -$2,713 | -$5,333 |
| $256 (-2%) | -$142 | -$1,276 | -$2,753 | -$6,117 |
| $261 (0%) โ spot | -$75 | -$1,223 | -$2,721 | -$6,401 |
| $266 (+2%) | +$19 | -$1,138 | -$2,644 | -$5,879 |
| $274 (+5%) | +$208 | -$953 | -$2,448 | -$5,095 |
| $287 (+10%) | +$640 | -$501 | -$1,926 | -$3,789 |
| $300 (+15%) โ target | +$1,187 | +$91 | -$1,218 | -$2,520 |
| $313 (+20%) | +$1,889 | +$860 | -$297 | -$1,177 |
Uses KLAC's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.